Funding you earn now, next payment 16:00 UTC−0.0403%/8h= −44.2% APRnext payment −$4.03 per $10,000 · paid last 24h −0.019%
Price spread now: KuCoin against Bybit−0.032%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and KuCoin is 0.032% cheaper against Bybit than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.028% in total (about -1.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.03 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BELUSDT | 0.1256 | 0.0503 | pay 0.0503% / 8h | 6h 21m | $245K | $139K | 10x |
| Short | KuCoin BELUSDTM | 0.1256 | 0.0100 | get 0.0100% / 8h | 6h 21m | $58K | $15K | 10x |
Bybit BELUSDT
KuCoin BELUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$84.71
- Price spread: −0.032% → 0.000%
- −$3.18
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$110.89
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 25 min ago; KuCoin: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 25 min ago | 2.79 bp | 109.0 bp −$109 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin no order-book sample | — | — | — | — | — |
KuCoin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BEL on 8 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BELUSDT | +0.0100% | 8h | 0.1256 | −0.014% | $11K | $1K | 5x | as long as short |
| Binance BELUSDT | +0.0100% | 8h | 0.1255 | −0.080% | $2.0M | $1.3M | 10x | as long as short |
| Gate BEL_USDT | +0.0100% | 8h | 0.1255 | −0.072% | $108K | $49K | 10x | as long as short |
| MEXC BEL_USDT | +0.0100% | 8h | 0.1255 | −0.080% | $150K | $91K | 50x | as long as short |
| KuCoin BELUSDTMshort | +0.0100% | 8h | 0.1256 | −0.032% | $58K | $15K | 10x | |
| Variational Omni BEL | +0.0100% | 8h | 0.1255 | −0.096% | $3K | $1 | — | as long as short |
| Bybit BELUSDTlong | +0.0503% | 8h | 0.1256 | long leg | $245K | $139K | 10x | |
| Kraken Futures PF_BELUSD | +4.0320% | 1h | 0.1254 | −0.154% | $9K | $11K | 10x | as long as short |
Aster BELUSDT
Binance BELUSDT
Gate BEL_USDT
MEXC BEL_USDT
Variational Omni BEL
Kraken Futures PF_BELUSD